They hire in Lakhs every year. This is peanuts

The trend was that the headcount was declining, right?

Business Analyst

It is a net reduction. Even this won’t move them to positive

Recruiter

Software Developer

@MightyLazyGeekStar Noo majdoori in less pay

Welcome to IT Company Discussion's Private Community

IT Boom again?

IT Boom again?- Grapevine

Welcome to Software Engineers's Private Community

https://www.peoplematters.in/amp-technology-tech-hiring-to-surge-across-industries-report-41274

Tech Boom Coming

Which Technology is IT in BOOM🚀

Is Tech boom a zero-interest rate phenomenon?

Research Engineer

Whats your thought about tech boom is over? I personally think tech promised a lot much things and it failed. I may be wrong but people who are calling chat gpt is the future was the ones who supported web3 and crypto mania. So what will keep moving the tech industry? One of which is I think is digital automation, rest please enlighten us, so that we can research, read and learn about it.

Tech boom

Software Engineer

AI boom can be a doom.

Generalist

I remember during tech boom, almost every one was jumping jobs every 6months. I am at mid senior level in my company and some of us who did not hopped jobs where consider failure. 
We had very hard time retaining people around. Now been more than a year and no one is resigning. Wonder will developers learn if another cycle of boom comes in.

Developer made market worst.

Tech Lead

Welcome to News Discussion's Private Community

- Start-up failures in the US have surged by 60% over the past year as founders deplete funds raised during the 2021-22 tech boom, risking millions of jobs and potential economic spillover.
- Data from Carta shows a sharp rise in start-up shutdowns, with 254 venture-backed clients going bust in Q1 2023, a rate over seven times higher than in 2019.
- High-profile casualties include Tally, Caffeine, Olive, Convoy, and WeWork, all struggling to secure necessary funding amid a challenging financial environment.
- The rise in bankruptcies is attributed to inflated valuations and misaligned incentives during the boom years, with VC investment and venture debt plummeting post-Silicon Valley Bank collapse.
- Despite a bleak outlook for many sectors, investment in AI start-ups is booming, with three-quarters of Kruze's $2bn raised in 2024 going to AI ventures, highlighting a shift in VC focus. 

 Source: [Financial Times](https://www.ft.com/content/2808ad4c-783f-4475-bcda-bddc0299095e)

Start-up Failures Surge by 60% Amid Post-Boom Challenges

Journalist

Nvidia is going to be 2nd most valued firm on earth.

Bookmark this!

Semiconductors gaining maximum from AI 💥 boom

Senior Consultant

What's your thought on whether the job market is on a trend towards normalizing versus previous quarters? When do you think market will be back to normal?

Job market normalizing?

Medical Expert

COVID level hiring which happened till mid of 2022 was exceptional and will never happen again. But precovid situation was much better than now. If any of you are experienced and know industry in depth can you tell me when precovid level of hiring again begin?

When will Tech hiring will reach precovid levels?

Me and my partner have been in bangalore for around 5-6 months now and we are not going back to our homes in Delhi this Diwali. 

But honestly, we are quite clueless as to how to celebrate Diwali here. We have a couple friends here but can't host a party either because there's no space in the house. 

Pls share how you have been celebrating Diwali. 

The last and worst option we could think of is watching a movie in theatre to keep ourselves engaged.🥲

Diwali in BLR, a sad story

Make your own Diwali! Two years ago, we were in the same situation. We both decided it would be OUR Diwali. We cleaned/prepped the house lovingly. Planned and decorated the house to our liking. Cooked the morning breakfast and Pooja together. Went for a drive to see lights. Just hung out and had a great time. We now try to do it every year. Just us two. No tension, no drama, only happiness and joy.

Product Marketing Manager

Hi non tech person here.
Wondering how such inflated salaries in tech will survive in comparison to salaries of say marketing or sales in an organisation. 
The bubble seems to be bursting but will love you know the thoughts of tech people. 
Should I make a move towards a tech role after learning coding, I have PQE of 6 years in my field and earn decent.

Tech salaries

Growth Manager

After getting a bunch of 'buy a house' advice from my in-laws over the weekend, I decided to fire up magicbricks to check prices in Bengaluru. My browsing ended within 5 mins seeing just how much the prices have risen in last 1 year

A 3BHK that used to cost 2.3 Cr last year is now 3.7
A 2BHK that used to cost 1.8 Cr last year is now 2.7

These are two houses I had earmarked for sometime later when I would have more money

WTF is happening in BLR

Did you notice? Bangaluru housing prices have EXPLODED

Time to call in-laws and say that "Aap do jodo mei ladki bhejo ladki huio hamaari"

Analyst

Welcome to Product Managers's Private Community

Hey everyone, happy to answer any questions around Data Science/ML/AI and making a career within it

A brief about me, I work currently as a Sr. ML Engineer at an Indian unicorn startup 
I graduated 5+ years ago and have since worked as a Data Scientist / ML Engineer at an ecommerce company and social media company. My designations have changed based on the industry requirements and work too changed based on that.

Would love to take questions on what it means to be an ML Engineer, my early learnings from a career in data science, and thoughts on AI.

Look forward to all questions :)

AMA 🎙️: Hi, I am diffusedbandit, Senior ML Engineer at an Indian Unicorn

Data Scientist

Crypto is back

- Quick commerce success in India has led to new business models in food, fashion, and pharmacy. 
- Early-stage funds like Accel and India Quotient are investing in these startups. 
- Rapid food-delivery startup Swish has raised about $2 million from Accel. 
- Blitz, a network of dark stores, is building capabilities for consumer brands and discussing a follow-on round of Rs 50 crore with IvyCap. 
- Quick commerce has compelled ecommerce majors and brands to accelerate delivery.

Source: [The Arc](https://thearcweb.com/article/quick-commerce-boom-produces-blinkit-of-x-startups-funding-swish-blitz-sgDPGBITxTov8P8v)

Quick Commerce Boom Inspires New Startups in India

Welcome to Indian Startups's Private Community

I'm a 28-year-old married (Wife is also working) individual currently residing in Kolkata, where the living expenses are relatively low. I have 5 years of work experience, and my current compensation package is 28 lakhs fixed and 3 lakhs variable (approximately 1.95 lakhs in-hand salary after deductions). With no liabilities or responsibilities, my monthly expenses are around 40,000 INR, and I manage to invest around 1.5 lakhs per month.

Currently, I enjoy a stable job and live with my parents, who take care of most of my living expenses. However, I'm considering the possibility of switching jobs and moving to another city, which would require me to bear the additional costs of rent, food, and other living expenses on my own.

Question: Given my current financial situation and the potential for increased living costs in a new city, should I explore a job switch and relocation? Or should I continue with my current stable job and living arrangement in Kolkata, where my expenses are minimal? What factors should I consider when making this decision?

Should I switch and move to bangalore

Nah stay there only. Why relocate to Bangalore If you are earning a decent amount and living with your family happily.

What's happening 😑

Software Test - QA

Just wanted to do a quick dip-stick from the people in this good community. In my network of friends' (companies), I'm starting to sense renewed optimism around business growth, funding environment and therefore jobs. I also feel there is more pessimism in larger companies versus smaller upstarts

Are you guys seeing/ sensing the same as well?

IT Boom again?

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